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more on that later. but we begin with the big fight in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question this morning will we to see any progress this weekend? we go live to the white house for more. are they working this weekend and might we expect more progress here? >> reporter: we'll to see. there's a lot of closed door negotiations. that's the phase we're in now. we're a day closer to what many experts have called a financial catastrophe, six closed door meetings that they had in the west wing. the focus turns to congress. whether or not they can reach a deal on a dramatically scaled back version, not that grand bargain, something smaller but do it in time for august 2nd when the country is due to run out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards w
for the interview. >> and another political big wig takes exception on a big question of where he plans to send his kids to school. >> first off, it is none of your business. >>> and we begin with the debt ceiling fight, and the republicans unable to agree to disagree, and here is the level of confusion coming from the gop on the ongoing debt debate. this morning the washington post set the stage for a potential breakthrough reporting on the editorial page right here that grover norquist, the anti-tax guru of the right said that allowing the bush era tax cuts to expire would not be a violation of the tax pledge that nearly every member of congress has resigned which is a significant concession. problem solved? not exactly. within hours norquist told my colleague chris jansing this right here on msnbc on jansing & company. >> i can be clear, americans for tax reform would oppose any effort to weaken, reduce or not continue the 2001-2003 bush tax cuts and any changes of the taxes should be kept separate from the budget deal. >> moments ago, the post released audio of norquist supporting their editori
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
. if you do nothing, you have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> h
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
'm a little bit of a restaurant of history. and there are a lot of real big things that have been gone in this country by executive order. president truman up until this point my favorite president of all times. integrated the armed services by executive order. couldn't get the congress to do it. there seemed to be little support for it my hometown senator left the democratic party buzz he did it and ran for president as a states rider. but the president did it. it was a bold move and as far as i can tell people like colin powell are very thankful that president truman did what he did. >> in the current case let me ask you about the whip count you were the whip and still a great vote counter are you and steny hoyer and nancy pelosi going to give john boehner an exit strategy with some democrat votes since it's clear he doesn't have enough votes just relying on republicans? >> if he were to come to the floor with a bipartisan bill, i think he would get bipartisan support. right now he's running this on his own within his own caucus. he is not involving nancy pelosi or steny hoyer or you
bachmann's job performance. >>> and rush limbaugh, hot air. hits a new high. his latest attack on big government is our con job of the day. >>> welcome to the show, i'm al sharpton. tonight's lead, are we closer to a deal or disaster? president obama and house speaker john boehner may be nearing a deal for a new grand bargain on debt limit. the president is meeting with democrats right now at the white house. presumably to talk about the deal. but any agreement would have to get past the tea party republicans in the house. and democrats say, they have a problem. >> the loudest shrillest voices from the republican party are not leaders but tea party extremists. >> they group of ideal ogs have grabbed the reigns and refuse to let go. it is the group who alone wants to drive the car off the cliff. >> but now, even boehner is saying republicans must compromise. >> i believe congress must act before august 2nd and i hope we are prepared to do that. at the end of the day, we have v a responsibility to act. >>> if the united states of america's debt rating gets downgraded, every interest rat
discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward to how that sledge hammer is going to improve your dental work. another cong
the possibility of doing something bigger. >> look, here's where things stand. there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in
a long way. there's a big difference between requiring higher co-payments for a wealthy medicare recipients than saying everybody in medicare will pay $6500 more, which is the ryan plan. but president went that distance. and i think boehner went back it his caucus. he couldn't get the support. and so the speaker has now become a mouth piece for the tea party. and you're right and dana's right, i think in the end there has to be a deal, maybe there won't be, there has to be a deal, but it will come at the very last second. >> president may have said, let me throw it all on the table. let me rising everything. let me, as he said, show tough leadership. and they still wouldn't do it and maybe it was a chess move to show no matter what, this is about trying to bring a president down than to lift a nation up. could that have been the strategy, dana? >> you know, well, look, the president did give -- how much more could he have done? he gave the republicans everything they were looking for with the exception of saying, hey, come on, give me some face-saving gesture here. give me someth
believes that the boehner problem is anything more than a big, wet kiss to the right wing. i mean the tea party. that's what i mean. it's too bad the caucus is run by so little people. >> when i asked the plan, the aids pointed to a speech. congress can't vote on a speech. a veto threat won't prevent default. >> we are urging the republicans to step back, put their party caucuses aside, put their pledges to grover norquist aside and put this country first. >> it's unfair from the president of the united states to lead from behind. it's unfair for the president of the united states not to come forward with a specific plan that, perhaps to be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. those folks over there, about 80 of them, they pledged to grover norquist. i want to pledge allegiance to the united states of america. that's what we should be doing. >> good morning. it is thursday, july 28th. look at the beautiful shot of new york city. welcome to "morning joe." yes, with us on set -- >> look at him. >>
presidential candidates have money problems. >> and big money, big problems? gop fundraisers staying on the sidelines. >> mitt romney, 70% maxed out contributions. >> gingrich's campaign is $1 million in debt. >> and the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> in the last 24 hours, two high-level resignations. >> head of scotland yard resigned yesterday. >> rebekah brooks was released on jail. >> rupert murdoch is said to face the scandal head-on tomorrow. >> now we move to david cameron. >> is cutting short a trip today to south africa. >> order. when are they going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday, david rogers of politico discovered and reported that house speaker john boehner and eric cantor held a secret meeting wit
friday, everybody, i'm contessa brewer. the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically trying to tweet his stalled bill to get support from conservatives to get it through the house. >> time is presently short and that is an understatement. >> senator majority leader harry reid's tired of waiting. >> i would ask my friends, my republican friends break away from this thing going on in the house of representatives. >> so today reid's going it alone moving forward with his debt plan. it cuts more than $2 trillion in federal spending and extends the
Search Results 0 to 13 of about 14